Caixin OnlineExcerpt Alibaba's Asset Securitization Product Approved
07.05.2013 15:43

Alibaba's Asset Securitization Product Approved

Regulator gives green light to investments in loans that Alibaba provides to small businesses on its online platform
By staff reporter Zhang Bing
A

(Beijing) – A new asset-backed securitization plan jointly developed by Alibaba's financial arm and brokerage firm Orient Securities Asset Management Co. has won approval from the securities regulator and is expected to be offered to investors soon.

A source close to the matter said on July 4 that the plan, which is operated by Orient Securities, will allow people to invest in loans that Alibaba has provided to small businesses on the Internet giant's online platform.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

' Lead in Cooperation '

World's two biggest powers must remember their common interests outweigh any differences, former U.S. Secretary of State Henry Kissinger tells Caixin in an exclusive interview


Issue 88
April, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
' Lead in Cooperation '
World's two biggest powers must remember their common interests outweigh any differences, former U.S. Secretary of State Henry Kissinger tells Caixin in an exclusive interview
Issue 88
04.01.2015

Subscribe       |       Newsletter        |        FAQ